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boehner and mitch mcconnell will say no increase in tax rate, 35% is it. i think the president will concede on that point. i think bainer and mcconnell will then accept the idea of cutting culling or capping the deductions each individual and the higher brackets can take, set a top limit on the deductions they can take and that will increase the revenue flow into the federal government. at the same time, the two congressmen, republicans, preserve the rates argument. they won't make all of their folks happy, but i think that's the deal in the works. >> greta: a couple of problems. number 1 is, the fact that -- today at least, i am always stunned when -- with the exception of senator tom coburn, i barely hear anyone talking about the tremendous amount of waste and fraud. we put up the example of the guy in the bathtub with the wine glass, which is a tiny, tiny bit, but it's representative of the mind-set here. no waste and frawpd fraud. they won't raise the tax rates, but when you do put caps on deductions, you are raising the effective rate. i mean, i guess they get -- i mean, i
and then the new congress will have to fix it. mitch mcconnell will head up the republican side and he's very clear about taxes. one issue i never have been conflicted about was taxings. i wasn't sent to congress to raise taxs and this election doesn't change my principles it is clear if the president of the united states want to get something done he has to do it with no new taxings. read the republicans new lips. no new you whan? >> by the way. the president has more incentive to not rae taxes. the nonpartisan congressional budget said tax hikes with the spending cuts would the count rope back in a recession and they predict unemployment would increase to 9.1 percent. if there is any inducement to get it done. it is the cbo. >> brian: people forget tax cuts are involved and not just budget cuts. take a look at surveillance pictures. f.b.i. accounts this is it. ak 47 bandit that struck this time in idaho. he used assault rifle and ordered employees in to the vault and then made off with cash. he is wanted for robbing banks in california and washington. one of those robberies an officer was shot. a
with john boehner and republicans and mitch mcconnell in the senate to try to, you know, tackle a few big things. i think one of the things my, the other guest said, which is just fallacious and wrong and shouldn't be repeated is that the idea that the raising rates on people over $250,000 is going to hit a majority of small business owners. >> simon, you're not even a small business. you're a policy wonk. >> you keep saying it doesn't make it true. 97% of small business owners will be exempt from it. >> you have no clue. >> i'm going to finish. the i'm going to finish. under bill clinton we raised taxes on rich people. saw the biggest economic boom in american history. under george bush we lowered taxes on rich people go into economic ruin. >> this is problem with people with no connection. >> i'm going to i'm going to finish i'm going to finish. so there is not, based on our own experience a direct connection between raising rates and on wealthy people and economy going, going down. in fact the opposite happened. and so you can keep saying it doesn't make it true. rick: go ahead, pete.
at work today. and why not focus as boehner says we have to as mitch mcconnell says we have to, to lower taxes and get more growth and you actually net more additional revenue, i'm for additional revenue not for tax increases, neither has boehner suggested. >> alisyn: well, he didn't talk about the loopholes being closed right there. >> dave: well, he said additional revenue that's the only way to get. >> alisyn: he's saying you get additional revenue when you take off the shackles of businesses when he they have lower tax rate. is he saying there will be increased revenue. >> mike: through growth. . >> dave: that's a very, very different argument. >> mike: changing tax codes and entitlement of reform, you can't get that before december 31st. >> dave: not a chance. they'll do a short-term deal and we're going to sort through this with chris wallace, he's next, today on fox news sunday he has a member of the house and senate's democrat and republican, so, the four of them should be able to come to the compromise, today on fox news sunday. >> alisyn: there you go. >> dave: he'll solve it.
, senate minority leader mitch mcconnell. martha: virginia governor bob mcdonnell reacting to the election loss saying the republican party must find a way to better solve their core political message and the delivery. here it is. >> the outrage to newer, voters, minority voters, bret, we got pretty well clobbered across the board. i believe our conservative ideas are better for all those groups, all those people. we have to be more effective. i think our message is better. when young people looking crushing national debt, not being able to get a job when they get out of college i think our message resonates we have to be more effective getting to them early. martha: governor mcdonnell adds he is disappointed by romney's loss in his state, eight out of the 11 congressional seats for the republican team were won in the state of virginia. bill: here we go on a fox news alert. weekly jobless claims. it is thursday morning. number of americans seeking unemployment benefits dropped 8,000. 355 is the number. 355,000 filing for first time unemployment claims. labor department warns the figures we
. the president said that -- i guess he was going to walk mitch mcconnell's dog or wash john boehner's car in terms of going to capitol hill during the election, in terms of getting it done. the president, legislative leaders, and the american people, the voters are trying to figure this out. how do we compromise? can compromise be tempered by conscience? should first principles be given up for second chances? where do we go? do we say okay, tax the rich but don't put in political supreme court justices? do we say okay, yeah, we're going to do global warming, but at the same time we're not going to do the deficit the way the president wants to have it done? do people walk away from what they believe in the hope of bringing this country together? i think in the end not. i think what people have to walk away from is pride and ego and i'm referring to those same political leaders that you referred to at the beginning of the segment. if they walk away from their pride, they walk away from their ego and say, i'm going to think about gretchen carlson, and think about people in indiana. i'm going
Search Results 0 to 5 of about 6

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